Recent Investment Analysts’ Ratings Changes for Cummins (CMI)
by Kim Johansen · The Markets DailySeveral analysts have recently updated their ratings and price targets for Cummins (NYSE: CMI):
- 10/5/2026 – Cummins had its price target lowered by Truist Financial Corporation from $894.00 to $779.00. They now have a “buy” rating on the stock.
- 9/30/2026 – Cummins had its price target lowered by UBS Group AG from $835.00 to $741.00. They now have a “buy” rating on the stock.
- 9/30/2026 – Cummins was given a new $741.00 price target by UBS Group AG.
- 9/24/2026 – Cummins had its price target lowered by Bank of America Corporation from $731.00 to $600.00.
- 9/23/2026 – Cummins had its price target lowered by JPMorgan Chase & Co. from $690.00 to $600.00. They now have a “neutral” rating on the stock.
- 8/31/2026 – Cummins was downgraded by Weiss Ratings from “buy (b)” to “buy (b-)”.
- 8/23/2026 – Cummins is now covered by CICC Research. They set an “outperform” rating and a $781.00 price target on the stock.
- 8/17/2026 – Cummins was upgraded by Weiss Ratings from “buy (b-)” to “buy (b)”.
- 8/11/2026 – Cummins had its price target lowered by Evercore Inc from $845.00 to $782.00. They now have an “outperform” rating on the stock.
- 8/6/2026 – Cummins had its price target raised by DA Davidson from $605.00 to $750.00. They now have a “buy” rating on the stock.
Cummins Increases Dividend
The business also recently disclosed a quarterly dividend, which was paid on Thursday, September 3rd. Stockholders of record on Friday, August 21st were given a dividend of $2.20 per share. This is an increase from Cummins’s previous quarterly dividend of $2.00. This represents a $8.80 dividend on an annualized basis and a dividend yield of 1.7%. The ex-dividend date of this dividend was Friday, August 21st. Cummins’s dividend payout ratio is currently 44.97%.
Insider Activity
In other news, VP Earl Newsome sold 698 shares of the stock in a transaction on Monday, August 24th. The stock was sold at an average price of $572.22, for a total value of $399,409.56. Following the sale, the vice president directly owned 4,479 shares in the company, valued at approximately $2,562,973.38. This trade represents a 13.48% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 0.30% of the company’s stock.
Cummins Inc (NYSE: CMI) is a global power technology company headquartered in Columbus, Indiana. Founded in 1919, the company designs, manufactures, sells and services power solutions for commercial, industrial and infrastructure applications.
Its products include diesel and natural-gas engines, electrified powertrains, batteries, fuel cell systems, generators and other power-generation equipment. Cummins also produces components such as filtration systems, fuel systems, turbochargers and emission-control technologies.
Featured Articles
- Five stocks we like better than Cummins
- NVIDIA’s Record High Raises a Bigger Question About How Far the Rally Can Run
- A Manufacturing Surprise Could Be a Big Win for These 2 Companies
- What a $1 Billion Chip Deal Says About Amazon’s AI Ambitions
- 3 Stocks Benefiting From AI Demand Just Announced Major Buybacks